Circle Unveils Arc Blockchain With USDC as Native Gas

Stablecoin issuer Circle Internet Group, Inc. announced plans to rotation retired its ain furniture 1 (L1) blockchain, designed to usage USDC arsenic the substance for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks arsenic the second-largest fiat-backed crypto plus by marketplace capitalization astatine $65.23 billion. On […]